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Bureaucracy and RegulationWorld HistoryAustrian Economics OverviewPhilosophy and Methodology
While Austria is not the free-market republic Ludwig von Mises hoped it would be, the country has made many steps in the right direction, freeing markets and protecting private property.
War and Foreign PolicyOther Schools of ThoughtPhilosophy and MethodologyPolitical Theory
Do governments make “rational” decisions involving interaction with other governments? As David Gordon points out, rationality involves individual decision-making, not collective action.
Taxes and Spending
Protectionists are no better than any run-of-the-mill Progressive who wants more taxes on one group in order to subsidize some other group. There's no moral high ground here for the protectionists, just unfounded self-righteousness.
Booms and BustsThe FedMoney and BanksU.S. Economy
One of the biggest and most pervasive myths in modern-day economics is the myth of the omnipotence of the Federal Reserve.
Dr. Gary Schlarbaum, one of our generous supporters, has again offered to match donations received through December 11. He's ready to match your gift today!
Get ready to see George W. Bush, Michelle Obama, Mitch McConnell, and Hillary Clinton all mourn together at Kissinger's funeral as they hail one of the regime's most devoted apologists.
Big GovernmentEconomic PolicyMacroeconomicsMedia and Culture
In The Wizard of Oz, Dorothy and her friends had to worry about wild animals and wicked witches. Today, Americans face a much more formidable foe: their own free-spending government.
InflationMonetary PolicyMonetary TheoryOther Schools of Thought
According to mainstream economists, the expectation of inflation leads to higher prices. That is impossible, however, because actual inflation involves real increases in the money supply.